Mr. Speaker, in addition, all consumers' indirect costs are rising as industry must pass on its rising costs to consumers in product prices. Similar to the 20-year industrial wind turbine contracts signed by the Liberal Party in Ontario, because Germany has signed onto greed energy subsidies that guarantee prices for 20 years, costs will rise even higher. As more greed energy schemes are signed onto by the Liberal Party in Ottawa, the future looks even bleaker for young people. It is poor young families, the working and productive middle classes, and the elderly who are most hurt by carbon taxes, as we have seen in Ontario.
There are some observers who claim that the problem with out-of-control electricity prices in Ontario are a result of an unfortunate mix of Liberal greed and incompetence. The situation with British Columbia carbon taxes is no better. According to GEMCo, a not-for-profit corporation formed by Canadian energy companies to demonstrate industry leadership in the development of market-based approaches to greenhouse gas emissions management:
The BC CTax shifts tax burden from large, profitable and, particularly, resource extracting businesses to the public sector, small [less profitable] businesses and low income families.